<div id="readability-page-1"><p>State of Wyoming cut its stake in shares of  InterDigital, Inc. (NASDAQ:IDCC - Free Report) by 63.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,456 shares of the Wireless communications provider's stock after selling 5,996 shares during the quarter. State of Wyoming's holdings in InterDigital were worth $775,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>3 Sector ETFs Catching Fire After Earnings Beats</li></ul><p>Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Public Sector Pension Investment Board grew its stake in shares of  InterDigital by 6.0% during the second quarter. Public Sector Pension Investment Board now owns 98,590 shares of the Wireless communications provider's stock worth $22,107,000 after buying an additional 5,574 shares during the last quarter.  Headlands Technologies LLC boosted its holdings in shares of  InterDigital by 47.9% during the 2nd quarter. Headlands Technologies LLC now owns 250 shares of the Wireless communications provider's stock valued at $56,000 after acquiring an additional 81 shares in the last quarter.  CANADA LIFE ASSURANCE Co grew its position in  InterDigital by 0.9% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 28,902 shares of the Wireless communications provider's stock worth $6,486,000 after acquiring an additional 269 shares during the last quarter.  Tower Research Capital LLC TRC grew its position in  InterDigital by 969.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,400 shares of the Wireless communications provider's stock worth $762,000 after acquiring an additional 3,082 shares during the last quarter.  Finally, Corient Private Wealth LLC increased its holdings in  InterDigital by 4.2% in the 2nd quarter. Corient Private Wealth LLC now owns 6,955 shares of the Wireless communications provider's stock worth $1,559,000 after purchasing an additional 281 shares in the last quarter. Institutional investors own  99.83% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>IDCC has been the topic of a number of recent research reports. Roth Capital lifted their price target on InterDigital from $270.00 to $350.00 and gave the company a &#34;buy&#34; rating in a research note on Friday, September 12th. Zacks Research lowered shares of InterDigital from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Friday, November 21st. UBS Group  set a $425.00 price target on shares of InterDigital in a research note on Monday, December 1st. Weiss Ratings  reissued a &#34;buy (a-)&#34; rating on shares of InterDigital in a research note on Monday, December 8th. Finally, William Blair  reaffirmed an &#34;outperform&#34; rating on shares of InterDigital in a research report on Monday, September 22nd. One research analyst  has rated the stock with a Strong Buy rating, three have issued  a Buy rating and one  has issued  a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of &#34;Buy&#34; and an average price target of $416.67.</p><ul><li>2 Sizzling Mid-Caps That Could Stay Hot This Summer</li></ul><p><b>View Our Latest Analysis on IDCC</b></p><h2>InterDigital Trading Down 1.0%</h2><p>IDCC opened at $354.28 on Monday. InterDigital, Inc. has a twelve month low of $169.58 and a twelve month high of $412.60. The company has a fifty day moving average of $359.38 and a 200-day moving average of $296.15. The stock has a market cap of $9.12 billion, a PE ratio of 23.91 and a beta of 1.54. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.02. </p><ul><li>InterDigital Raises Its Earnings Guidance</li></ul><p>InterDigital (NASDAQ:IDCC - Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The Wireless communications provider reported $1.93 EPS for the quarter, beating analysts' consensus estimates of $1.79 by $0.14. InterDigital had a net margin of 53.50% and a return on equity of 51.89%. The business had revenue of $164.68 million for the quarter, compared to analysts' expectations of $153.43 million. During the same quarter in the prior year, the firm posted $1.14 earnings per share. The business's quarterly revenue was up 28.0% compared to the same quarter last year. InterDigital has set its FY 2025 guidance at 14.570-14.830 EPS and its Q4 2025 guidance at 1.380-1.630 EPS.  On average, sell-side analysts predict that  InterDigital, Inc. will post 9.21 EPS for the current year. </p><h2>InterDigital Dividend Announcement</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, January 14th. This represents a $2.80 annualized dividend and a yield of 0.8%. InterDigital's payout ratio is 18.89%. </p><h2>Insiders Place Their Bets</h2><p>In related news, insider Joshua D. Schmidt sold 466 shares of the stock in a transaction on Friday, October 31st. The shares were sold at an average price of $395.63, for a total transaction of $184,363.58. Following the transaction, the insider directly owned 27,928 shares of the company's stock, valued at $11,049,154.64. This represents a 1.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, Director John A. Kritzmacher sold 1,250 shares of InterDigital stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $357.37, for a total transaction of $446,712.50. Following the completion of the sale, the director directly owned 17,065 shares of the company's stock, valued at approximately $6,098,519.05. This trade represents a 6.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 6,216 shares of company stock worth $2,228,529. Corporate insiders own  2.30% of the company's stock. </p><h2>InterDigital Company Profile</h2> (Free Report)<p>InterDigital, Inc operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming.</p><h2>Read More</h2><ul><li>Five stocks we like better than InterDigital</li><li>Russell 2000 Index, How Investors Use it For Profitable Trading</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>What is Forex and How Does it Work? </li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li><li>Find and Profitably Trade Stocks at 52-Week Lows</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SURDQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SURDQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in InterDigital Right Now?</h2><p>Before you consider InterDigital, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and InterDigital wasn't on the list.</p><p>While InterDigital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

IDCC

<p>State of Wyoming reduced its stake in InterDigital, Inc. by 63.4% in Q2, holding $775,000 worth of shares. Other investors adjusted their positions, with Public Sector Pension Investment Board increasing its stake by 6%. Analysts have varied ratings, with a consensus 'Buy' and an average price target of $416.67. InterDigital reported Q3 earnings of $1.93 per share, beating estimates, and announced a quarterly dividend of $0.70 per share.</p>

State of Wyoming Has $775,000 Position in InterDigital, Inc. $IDCC